Europe seeks bigger piece of space market with new launchers
2 years, 1 month ago

Europe seeks bigger piece of space market with new launchers

Associated Press  

PARIS — France, Germany and Italy announced an agreement Tuesday for a new-generation European space launcher project as part of apparent efforts to better compete with Elon Musk’s SpaceX and other rocket programs in the U.S. and China. A statement from the three governments announced an unspecified amount of public funding for the plan, saying it would be based on market prices and economic conditions for each element of the project. The European Space Agency would award contracts to the companies involved. The next-generation Ariane and Vega launchers will be used to boost Europe’s role in the commercial and government satellite markets, the French Finance Ministry said.

History of this topic

SpaceX signs deal to launch key European satellites: Report
1 year, 2 months ago
Europe forced to turn to Elon Musk’s rockets in the global space race
1 year, 4 months ago
EU Lays Out $6.8 Billion Satellite Communication Plan in Space Race
2 years, 10 months ago
EU seeks space alliance to defend against US and Chinese ambitions
3 years, 11 months ago
EU to get serious about its space ventures; will plough in more money in order to keep up with Chinese, US ambitions
4 years, 6 months ago

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